News

YAS deploys AI to adjust premiums for Hong Kong taxis

It will initially cover around 1,000 hybrid and electric taxis.

Improved certification scheme helps SMEs to go green

Certification Scheme 2.0 expands access and support for small firms.

Work injury compensation calculator launched

Users get free suggestions on various types of compensation in simple steps.

Fitch sees Hong Kong office vacancy rising to 19% by 2025

The vacancy rate for grade-A offices in the city is projected to climb from 17% in 2024.

Hong Kong Airlines updates frequent flyer programme

Members will earn points based on the cost of their ticket rather than the distance flown.

SML Group reports ESG progress towards net-zero emission by 2050

With over 92% waste no longer landfilled and 57.7% pioneer products features sustainable.

Morgan Stanley added to financial services providers list

105 financial institutions listed keep improving global OTC derivatives markets.

Air Hong Kong shifts to all-A330 freighter fleet

The airline now operates an all-A330F fleet comprising 14 aircraft in total.

Gov’t unveils 'LEAP' framework to boost crypto and fintech

A licensing regime for stablecoin issuers starting 1 August aims to support real-world use cases.

Gov’t establishes medical products regulation by end 2026

It also plans to start a “primary evaluation” process for new drug registration next year.

Shanghai Gold Exchange launches first offshore gold delivery vault in Hong Kong

It has also listed gold contracts for Hong Kong delivery on its International Board.

HKMA and AIIB to support emerging Asia venture capital

The partnership aims to develop innovative, green and technology-enabled infrastructure.The Hong Kong Monetary Authority (HKMA) and the Asian Infrastructure Investment Bank (AIIB) signed a partnership agreement to support venture capital (VC) in emerging markets in Asia, 26 June 2025.They will invest in a portfolio of VC funds to develop innovative technologies and business models for green and technology-enabled infrastructure in Asia’s emerging economies.“Energy transition and infrastructure development of the Global South require substantial financial investment and support from technological applications,” said Paul Chan, Financial Secretary of Hong Kong, “together with AIIB, we will keep promoting Hong Kong’s established ecosystem for VCs and innovators across the region.”

CaoCao raises $1.85b offering 44 million shares

Priced $41.94 each with slump in the first trading day.

Industrialisation scheme enhanced to support smart production

Projects under $2.8m will receive faster approval.

Towngas fuels Hong Kong development towards green shipping

Green methanol memorandum signed to increase near-zero carbon bunker.